With 2017 behind us, the Delta pilot group can look back on a job well done, and look forward to sharing in our company’s financial success. Every year, ALPA meets with management to review and audit the Company’s profit sharing methodology and calculations for both accuracy and PWA compliance. This process will take place over the next few weeks in anticipation of the February 14 payout. Here are some important things to keep in mind in the coming weeks:
- Last year, the Company realigned non-contract employees’ profit sharing with the pilots’ contractual profit sharing plan. There were no changes to the pilots’ profit sharing plan, and profit sharing for pilots remains the same as in previous years.
- The formula used to calculate profit sharing for the pilots remains unchanged from last year.
- According to the Company, the profit sharing dollars received by the pilot group will likely be similar to last year, though we will not know the details until the review is complete.
A communication from the Delta MEC will be provided to the pilot group with specifics after the review is complete. In the meantime, please remember to visit DeltaNet (on or after January 11) to consider special 401(k) and HSA elections.